New York - March 20, 2010: Algodon Wine Estates (AWE), an award-winning Argentinean wine and golf estate in San Rafael, Mendoza, offers a personalized wine barrel program which many consider the ideal wedding gift. The ring and the ceremony are nice too, but making it "official" with customized wine labels offers something refreshingly new that won't be the norm with one's other married friends and peers.
The way it works: Customers visit AWE's website where they first choose a type of barrel (French or American oak), and then the design and name of the label, of which they have complete creative control. Once bottled and labeled, the wine is shipped to the customer's preferred location. Each barrel provides 288 bottles of wine and can be filled up to three times. The program also includes a two-night stay at the lodge located on the estates.
Grape varieties include Argentinean classics such as Bonarda - known throughout Argentina for its full body - and Malbec, as well as Syrah, Cabernet Sauvignon, Merlot and Chardonnay.
Already a huge success globally, personalized barrels have been bought by dozens of people around the world including representatives of European royalty and owners of one of France's leading luxury brands.
About Algodon Wine Estates:
Located in San Rafael, Mendoza, AWE offers luxury accommodations for travelers, as well as the opportunity to actually own a piece of the estate's vineyard and a custom wine label. The 2,050-acre grounds already boast two guest lodges and an 18-hole golf course, and additional plans call for a tennis academy developed with Argentine tennis champion Jose Luis Clerc, a high-end hotel, more than 300 private home sites, a polo field, an equestrian center and a luxury spa & fitness center. Recent distinctions include a "Best Buy" award for the estates' Cabernet Sauvignon by Wines of Argentina and a 90 point rating of the estates' 2004 Malbec by wine personality Anthony Dias Blue. AWE was also named Global winner for Best Accommodation at the Great Wine Capitals 2010 Best of Wine Tourism Awards.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. This press release may contain certain statements of a forward-looking nature relating to future events or future business performance. Any such statements that refer to Algodon Wines & Luxury Development Group (Algodon Group) and its respective subsidiaries ("the Company") estimated or anticipated future results or other non-historical facts are forward-looking and reflect the Company's current perspective of existing trends and information. These statements involve risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. The forward-looking statements speak only as of the date set forth above. The Company undertakes no obligation to update publicly any forward-looking statement, whether because of new information, future events or otherwise.
Eric Stear, Corporate Communications & Marketing Manager
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